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See how verdicts work4-bedroom detached house · PE10 9DD
Listing removedListed 61 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
£300,000 - £335,000 (Guide Price) A finished home often means paying for somebody else’s decisions.
This substantial four-bedroom detached property offers the space, position and underlying layout to create something far more personal.
Offering approximately 1,399 sqft (130 sqm) of accommodation, excluding the garage, the property occupies an established position within the popular Old Windmill development on the northern edge of Bourne.
Its rear garden directly adjoins open farmland, providing an outlook and sense of space that is relatively unusual for a family home of this type.
The accommodation begins with an entrance porch opening into a spacious reception hall.
The living room measures almost 15 feet in length and is naturally bright, with a large front-facing window and a feature fireplace.
It connects with the separate dining room, which overlooks the rear garden and provides a sociable arrangement for family life and entertaining.
The kitchen also overlooks the garden and connects with a particularly generous utility room, measuring almost 12 feet in length and providing direct access outside.
A separate pantry, additional storage and a ground-floor WC further enhance the practical layout.
Although these spaces would benefit from updating, their proportions provide considerable potential to rethink and modernise the heart of the home. The first-floor accommodation is equally generous.
The principal bedroom measures over 19 feet in length and includes an extensive range of fitted wardrobes, additional fitted furniture and a large ensuite shower room.
Bedrooms two and three are both comfortable doubles, while the fourth bedroom would work equally well as a nursery, child’s bedroom or home office. A family bathroom completes the first floor.
Outside, a block-paved driveway provides off-street parking for two vehicles and leads to the integral garage, which measures approximately 154 sqft.
The good-sized rear garden includes lawn and patio areas, with plenty of scope for future landscaping.
Most importantly, it directly adjoins open farmland, creating an attractive outlook beyond the rear boundary.
The property would undoubtedly benefit from modernisation, but that is also where the opportunity lies. The scale, setting and family-friendly layout are already here.
The next owner simply has the freedom to decide what happens next. Available with vacant possession.
Property disclaimer Anti-Money Laundering Regulations: We are required by law to conduct anti-money laundering checks on all those selling or buying a property.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal, who will contact you once you have an offer accepted on a property you wish to buy.
The cost of these checks is £75 (incl VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you before we issue a memorandum of sale, directly to Lifetime Legal, and is non-refundable.
We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.
General: We strive for accuracy in our sales details, but they should be viewed as an overview of the information. If you're interested in a specific aspect of the property, please contact our office.
We recommend this, especially if you're considering a long journey to inspect the property. The provided dimensions are intended as a rough guide and may not be exact.
Services: We haven't tested the services, equipment, or appliances in this property.
We strongly recommend that potential buyers obtain their own surveys or service checks before submitting a purchase offer.
All descriptions, images and marketing materials are provided for general guidance only and are intended to highlight the lifestyle and features a property may offer.
They do not form part of any contract or warranty.
Whilst we take care to ensure accuracy, neither Frank Modern Estate Agents nor the seller accepts responsibility for any inaccuracy that may be contained herein.
Prospective purchasers should not rely on the details as statements of fact, and are strongly advised to verify all information through their own inspections, searches and enquiries, and to seek confirmation from their appointed conveyancer before proceeding with any purchase.
Location Stephenson Way forms part of the established Old Windmill development on the northern edge of Bourne.
The position combines convenient access to the town with an attractive semi-rural outlook, as the property’s rear garden directly adjoins open farmland.
Bourne offers a comprehensive range of everyday amenities, including supermarkets, independent shops, cafés, restaurants, pubs, leisure facilities and primary and secondary schooling.
Bourne Woods, the town centre and the surrounding countryside are all within convenient reach.
The nearby A15 provides straightforward road connections south towards Market Deeping and Peterborough, and north towards the villages and market towns of South Lincolnshire.
Peterborough railway station offers regular mainline services to London King’s Cross and other major destinations. Parking - Off Street Parking - Garage
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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About 100 Stephenson Way, Bourne
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